Price for Leucite; Nepheline and Nepheline Syenite in Russia - 2022
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in Russia (CIF) - 2022
- Price for Leucite; Nepheline and Nepheline Syenite in Russia (FOB) - 2022
- Imports of Leucite; Nepheline and Nepheline Syenite in Russia
- Exports of Leucite; Nepheline and Nepheline Syenite in Russia
Price for Leucite; Nepheline and Nepheline Syenite in Russia (CIF) - 2022
The average import price for leucite; nepheline and nepheline syenites stood at $455 per ton in January 2022, with an increase of 27% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $509 per ton in June 2021; however, from July 2021 to January 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Norway ($549 per ton), while the price for Turkey stood at $315 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Leucite; Nepheline and Nepheline Syenite in Russia (FOB) - 2022
The average export price for leucite; nepheline and nepheline syenites stood at $677 per ton in 2022, growing by 882% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Belarus.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to -1.2% per year.
Imports of Leucite; Nepheline and Nepheline Syenite in Russia
In 2022, overseas purchases of leucite; nepheline and nepheline syenites decreased by -9.4% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of 2.9K tons, and then dropped in the following year.
In value terms, leucite; nepheline and nepheline syenite imports contracted to $1.1M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year.
| Import of Leucite; Nepheline and Nepheline Syenite in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 540 | 858 | 982 | 822 | 15.0% |
| Turkey | 34.8 | 112 | 186 | 317 | 108.8% |
| Spain | 104 | 50.3 | 76.3 | N/A | -14.3% |
| Others | 60.3 | 5.7 | 7.9 | N/A | -63.8% |
| Total | 739 | 1,026 | 1,252 | 1,139 | 15.5% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Russia in 2022:
- Norway (1.5K tons)
- Turkey (1.0K tons)
Exports of Leucite; Nepheline and Nepheline Syenite in Russia
In 2022, shipments abroad of leucite; nepheline and nepheline syenites decreased by -91.7% to 914 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of 11K tons, and then fell notably in the following year.
In value terms, leucite; nepheline and nepheline syenite exports reduced rapidly to $619K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports reached the peak of $759K, and then reduced remarkably in the following year.
| Export of Leucite; Nepheline and Nepheline Syenite in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2.6 | 2.7 | N/A | 619 | 519.8% |
| Lithuania | 97.3 | 78.4 | 68.3 | N/A | -16.2% |
| Belgium | 405 | 397 | 689 | N/A | 30.4% |
| Others | N/A | 1.2 | 1.8 | N/A | 50.0% |
| Total | 505 | 479 | 759 | 619 | 7.0% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Russia in 2022:
- Belarus (913.8 tons)
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